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Fed Meeting Live Updates: Interest Rates and Economic News
The Federal Reserve lowered rates by a quarter point, but Stephen Miran, a Trump appointee who joined the board this week, voted for a bigger cut. Balancing persistent inflation and a weaker labor market was “a challenging situation,” Fed Chair Jerome Powell said.
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nytimes.com
Fed Meeting Live Updates: Interest Rates and Economic News
The Federal Reserve lowered rates by a quarter point, but Stephen Miran, a Trump appointee who joined the board this week, voted for a bigger cut. Balancing persistent inflation…
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fortune.com
Amid weak hiring and White House attacks, the Fed lowers rates—its first move in 2025 and a test of Powell’s independence | Fortune
Stephen Miran, Trump’s pick to join the Fed, dissented against the group, voting in favor of the stronger half-point cut.
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huffpost.com
Federal Reserve Cuts Key Interest Rate Amid Trump Pressure Campaign
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health…
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cnbc.com
Fed approves quarter-point interest rate cut and sees two more coming this year
The Federal Reserve on Wednesday released its decision on interest rates and updated its economic projections.
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aljazeera.com
US Federal Reserve cuts interest rates for the first time since December
The central bank’s widely-expected 0.25% cut comes amid a cooling labour market, which has stalled economic growth.
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lemonde.fr
US Fed makes first rate cut of 2025 over employment risks
The Fed made its last rate cut in December and held rates steady until now, as it monitored the effects of Trump's tariffs on inflation.
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faz.net
Fed: Amerikanische Notenbank senkt Leitzins um 0,25 Prozentpunkte
Einsames Minderheitenvotum: Stephen Miran forderte eine Leitzinssenkung gar um 0,5 Prozentpunkte, die Mehrheit entscheidet sich für einen kleineren Schritt. Fed-Chef Jerome Powell…
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Markets expected the rate cut, but the ‘real surprise’ is the Fed’s opinion on the current state of the economy, quant CEO says | Fortune
The Federal Reserve’s policy setup is “bullish for bonds, bearish for the dollar, and neutral for equities in the near term," according to TIAA Wealth Management’s chief…